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and efficient and effective government. the budget will help promote a path to energy security by increasing opportunities to expand production of america's abundant energy resources and this budget will stop the unfair use of funding from hard- working americans. as a job creator and a cpa, i have seen firsthand how domestic american energy production can be a valuable component in creating jobs and fixing our nation's balance. the u.s. has combined recoverable and natural gas, oil, and coal and that is the largest in the earth, larger than russia, saudi arabia, or china. today, the united states is known as the saudi arabia of natural gas. the chart on the screen, if we can bring it up, illustrates how we can bring revenues by hundreds of billions of dollars by not enacting punitive taxes and by expanding exploration for energy on federal lands and oceans. the loss potential is also $200 billion. you could say there is a trillion dollar gap between the two numbers. this administration wastefully invests in corporate welfare programs like solyndra. solynda has several brothers and sisters.
that makes sense, that's affordable, and that is better for the environment. >> and this is the most energy efficient government building in the united states today, if not the world. and it is an example that the entire united states can look to and say, that's what we need to do to save our city hundreds of millions of dollars in energy consumption a year and set an example to everybody of how to save energy, to be green, to be sustainable, to be responsible. the city is leading the way. >> it will be immediately recognizable and iconic from various parts of the city or even if you see a picture. that's the sfpuc building. it's a wonderful building. ♪ ♪ >>> while i get myself settled, maybe a show of hands. how many already been to see the exhibition? a number of you. first of all let me say good afternoon and first and foremost i would like to thank my colleagues in the education department in the fine arts museum of san francisco for an allowing me to speak today. valuable artwork -- rene, director of public programs and last on this list but certainly not least gregory stock who
that's one degree celsius. if something is one degree above freezing, would it be radiating energy? yes. would that energy have a frequency? how about i compare that to radiating at two degrees above celsius? would that be radiating energy? would that energy have a frequency? yes. would that frequency be doubled? no. check your neighbor. yeah. ah. hey, gang. would the temperature be-- would the frequency be doubled? get right to that point. get right to that question. the question is: wouldn't that work best for kelvin? yeah. honey, it will only work for kelvin because one degree celsius is not twice as hot as two is-- i should say two degrees celsius is not twice as hot as one degree celsius. see, to say twice as hot is to imply twice the internal energy. try this one. the waitress brings over some coffee because you've ordered coffee with your apple pie, and you say, "oh, i'd like the coffee really hot." and she brings it over, and you put your trusty thermometer in, and, son of a gun, it's iced coffee. ice cubes and everything. it's zero degrees celsius. and you say to the waitress,
unlock all of the energy we - have here. that is holding us back. >> is that why opec's number down. jay carny mentioned this. this green energy initiative is much more important than everyone watching the show having lower energy billings. or employment. >> this is for adam and his buddies let us eat cake moment. >> there is not an elitist bone in adam's body. >> who cares if the working class people are not working. >> you said you would never go to north dakota. >> we have in new york state, you know, we should be fraking here. >> and why don't you -- you owe him an apology. >> adam in all seriousness, is there a connect between our going with frake opec now screaming? >> there is no question. in the span of a few short years we have gone from being concerned and dependent on opec to being close to achieving energy independence in the united stes. >> what has don that president's push for solar that hasn't panned out. >> no. >> or turning another eye on fraking and sort of letting that go and letting that do its thing? >> no argument. opening up. vast north american reserves much natu
, imagine if we could unlock all of the energy we - have here. that is holding us back. >> is that why opec's number down. jay carny mentioned this. this green energy initiative is much more important than everyone watching the show having lower energy billings. or employment. >> this is for adam and his buddies let us eat cake moment. >> there is not an elitist bone in adam's body. >> who cares if the working class people are not working. >> you said you would never go to north dakota. >> we have in new york state, you know, we should be fraking here. >> and why don't you -- you owe him an apology. >> adam in all seriousness, is there a connect between our going with frake opec now screaming? >> there is no question. in the span of a few short years we have gone from being concerned and dependent on opec to being close to achieving energy independence in the united states. >> what has done that president's push for solar that hasn't panned out. >> no. >> or turning another eye on fraking and sort of letting that go and letting that do its thing? >> no argument. opening up. vast north ameri
.4%. the energy and work force committee had a hearing on it today. i am hopeful they will come forward with legislation that will allow it to return to controlled by its critics and their parents. -- by studtents and their parents. i yield back. >> thank you. i appreciate some of the earlier comments. as we go through this debate, i want to make one thing clear -- the number one threat to young america is this president's terrible economy. as we go court, we need to remember there is one fact we cannot escape -- as we go forward, we need to remember there is one fact the cannot escape -- over half of recent college graduates are unemployed or underemployed as a result of those policies. another great threat to the young people in this country is the national debt we are piling on them every year. does pass the bill out of this chamber, most voted for it -- we just passed a bill out of this chamber, most voted for it. as others have said, we need to get politicians out of the business of setting interest rates. some laughed when it was said earlier but history shows that when the market
are going to choose an energy future that doesn't just look at the energy source of the past but also looks at the energy sources of tomorrow. and addresses climate change in a serious way. and, you know, some people remarked that, you know, i looked -- had a little more pep in my step in the inauguration and the state of the union, and i have to tell you, it wasn't because i was off the campaign trail because nothing energizes me interacting with the american people day in and day out. the reason is i felt like this was a vision, if we can get it implemented, really would allow america to take off. our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the p
economy than how we use american energy. after years of talking about it, we are poised to take control of our energy future. we produce more oil that we have in 15 years. we import less oil than we had in 20 years. we have doubled the amount of renewable energy that we generate from wind and solar. tens of thousands of good jobs to show for it. we are producing more natural gas than we have before that hundreds of thousands of good jobs to show for it. we have supported the first new nuclear power plant in america since the 1970s. we are sending less carbon pollution in the environment and e have in nearly 20 years. we are making progress across the board. it is possible in part because of labs like this and outstanding scientists like many of you -- entrepreneurs, innovators -- all of you are working together to take your discoveries and turn it into a business. think about this. a few years ago, the american auto industry was latlining. thanks to discoveries made right here at argonne, some of the most high tech, fuel-efficient, pretty spiffy cars in the world are once again designed
really brought energy to cpac. i think that, you know, yesterday had a lot of energy when rand paul was here. he really got people on their feet. today his has been more sedate, even though it's more people that are supposedly running for president in 2016. actually i just want to point out, behind me, it was really, really empty about 15 minutes ago because the panel was about outreach to minority and women. that to me sums up cpac in one particular image. >> yes, that's true. anna marie, we'll pause for a moment. the scintillating speaker, eric cantor, is at the podium. let's listen to him for two seconds. >> too bright, that she needed more opportunity than that school could give her. the teacher told essence to apply for the louisiana scholarship program. a program which would ensure that -- >> okay. i think we've had enough of that. professor dyson, it's been tough to keep up with the goings on at cpac. we've had senator kelly ayotte asking why aren't we intervening in see so seyria and iran? we've had wayne lapierre. we had mitt romney politely -- cpac for failing to invite th
'm jackie deangelis. >>> while energy prices creep higher, so does optimism about the recovery in the u.s. housing market. one of the nation's largest home builders say the fundamentals in the real estate turn around are strong, and that an increase in home prices is not a bad thing. >> what we're seeing is that prices are moving up, not because costs are moving up so much, but because demand is getting so strong, we're seeing some freeing up in the mortgage market. so there is some liquidity out there. >> two subsidiaries of is sc capital hedge fund are paying a record amount to settle insider trading charges. the units have agreed to pay more than $600 million to settle claims from the securities and exchange commission over improper trading in two stocks. the s.e.c. said it might still investigate individuals at the firm. >>> on capitol hill today, jpmorgan came under fire at a senate hearing. bank executives were grilled about more than $6 billion in trading losses due to a series of botched trades orchestrated by a trader now infamously known as the london whale. vice-chairman doug
thing with a small manufacturing company. they have manufacturing and it provides energy supplies to companies all of the world. one big request is some kind of stability in our tax code. we have the highest tax rate for businesses in the world. it makes it difficult for businesses to complete globally. we live in a global economy but we ignore global realities of where we are in our tax code. it is important we fix that. it is important we fix our code not just to grab more revenue from the american people, but to increase american economic activity. we lose track of the fact that this year is now forecast to be the highest amount of revenue coming into the federal treasury in history. no other year receiving more money into the treasury than this year. this is a moment for us to look seriously at our spending. let's look at families and family owned businesses. >> next, i would like to yield to wisconsin to talk about how the budget is designed to provide upward mobility and give the states the tools they need to craft these programs to help those closest to them in need. >> tha
we're sold and that's true in part. when you produce the car it uses a lot of energy and electricity especially to produce the battery. so what's the-- it's like you've already driven it 80,000 miles. he so, you've already put out a lot by buying the car. >> paul: and the production, is it more green, more carbon emissions produced for the battery than produced for a regular car? >> yes, it produces more than twice the amount of co 2, producing the electric cars than the regular gas car. so, it's clearly behind already when it rolls out the factory. and also, while you're driving you still recharge it with electricity and of course, put out less co 2 than a gasoline car, but you have a lot to catch up. unless you drive it for a very long wall, at least, 60, 70,000 miles you don't get ahead because they have very, very short ranges and that's not a possible outcome. >> you have to plug into the electric grid essentially and the electric power is produced by right now things like coal and natural gas. and what if we move to an electric power grid that was fundamentally powered by wind
. >> the tank leaks are shocking, the size and number of the thes, and the fact that department of energy did not know about this or they were looking at the monitoring close enough, or they didn't disclose it to the public soon enough. >> officials say the leaks pose no immediate danger to the environment or people in the area. environmentalists want to see better oversight of the hanford cleanup effort, which has been underway for two decades at a cost of $2 billion a year. throughout the cold war, hanford's nine nuclear reactors churned out plutonium for the u.s. nuclear weapons program, producing more than 60,000 warheads. the volume of waste left over is staggering. more than 200 million liters of radioactive liquid and 700,000 cubic meters of solid nuclear waste. over the years, nearly 4 million liters of liquid have leaked, enough to fill 20,000 bathtubs. >> the u.s. department of energy turned down al jazeera's request to film on the site and they also said no when we asked to interview responsible officials. the department said they are committed to safely cleaning up the site and is
agree with you, stuart. fantastic ideas, he's got energy and brings his neuro surgical background to the political table so people say what's that got to do with it, i don't know, the committee organizing has to do with politician, there's no political background, but the guy is refreshing, he's smart, he sees it and he speaks what most conservatives want to hear, that it's about smaller government not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it really wasn't what they told us. stuart: you know, dr. carson is using pretty tough language and saying that the president is ruining the country. he uses that word, ruining. now he delivers it in a
spots here is what we saw managed to close higher yesterday were cyclical areas, semiconductors, energy and we had health care participating in that rally and bristol-myers. 11-year highs on that one. >> they screwed up badly and they bought a drug, not unlike glaxo they had, and it was red wine derivative drug and they fell. i will point out that the macarena is central to the thinking. >> really? >> because i went back and looked at this period november 1996 and was astonished at how everything was going right. everything. that was a time when your pc was powerful enough to be able to get it it so you started getting dial up aol. we had no crises whatsoever. the bob rubin managing the economy, bill clinton getting interest rates down and what we have now is a compliant fed and we've got some good earnings, but i just don't think that we can put on the kind of numbers that -- yes, i'm worried about the nine straight days. >> so you say keep your bat on your shoulder. you say the guys are swinging wildly and that's not our style. you're willing to miss a couple of points. >> we'll look
of the house energy action team, i understand how important this project is to our nation and to my home state of montana. let me be clear, this project means jobs for montanans. this project could directly create more than 800 good-paying jobs in montana and thousands more across the nation. it means coming one step closer to north american energy independence. the keystone x.l. will be able to move up to 830,000 barrels of oil per day. that's about half the amount that the u.s. presently imports from the middle east. and of that oil moved each day, 100,000 barrels will come from the bacan formation which suspends across montana and north dakota. this isn't about politics. republicans and democrats alike support the pipeline. this is about our nation's security. this is about lowering energy costs for american families. this is about american jobs. enough is enough. we can't afford to wait any longer. it's been 1,636 days. it's time for president obama to approve the keystone x.l. pipeline. thank you and i yield back my time. the speaker pro tempore: the gentleman yields back his time. the ch
. find out which one you may want to hop aboard. >>> plus, game changer? sanchez energy made news today by staking its claim in the oil-rich section of texas. could this fresh face in the domestic energy space fuel growth for your future? all coming up on "mad money." don't miss a second of "mad money." follow @jim cramer on twitter. have a question? tweet cramer #mad tweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney@cnbc.com. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connect
of people -- to be able to imagine a different kind of political scene, a different kind of energy. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here for seven years every single day. >> after the election, it is all down to his five-star movement. they could remain in opposition or form a coalition with the very politicians beppe grillo has been attacking force along. >> they are parasites. only out to make money and get rich. they see politics as their private little business. our movement proclaimed a revolution. >> revolution -- that is what beppe grillo has been calling for for decades. in 1986, when he made fun of the socialist when his corruption scandal was on public television, he reconstructed a conversation with the politician's secretary. >> more than 1 billion people live in china, all of the socialists, so
and retail sales report, imagine if we could unlock all the energy we have here. that is one of the things that is holding us back. >> neil: is that one of the reasons that opec's numbers are down? >> of course the president as jay carney said this week, this green initiative is much more important than anyone watching the show having lower energy bills. this is what hollywood is saying. >> this is right for adam and his buddies let them eat cake moment. >> neil: there is no an eliteist bone -- you would never go to north dakota. >> i'm going to tell you this. we have in new york state, we should be fracking here and putting all these people out of work to work. >> neil: adam, in all seriousness, is there a connect between are going full fracking and opec now screaming? >> there is no question, in the span of a few short years we were very concerned about being dependent on opec to achieving oil independence in the united states. >> neil: what has it done. the president pushed for solar and it hasn't panned out. is it turning another eye on fracking, sort of letting that go. let that do it
off the russian talks just yet. we also understand that the separate energy minister is now in moscow as well. he is a very important man because cyprus has recently discovered natural gas. i understand that the finance minister will have more meetings later, so bear in mind that the russian situation is not closed, but meetings have been going on this afternoon. we understand the president is working on a bill to limit money leaving cyprus and extending the bank closures in the short term. the banks will be closed on thursday and friday according to your peace there, but it will likely be closed thursday, friday, saturday, sunday, monday, and tuesday. by tuesday, we are looking at 10 days of closure. there is also some speculation that state pension funds may be rated in this revised plan, this so-called plan b, and we understand that some kind of cobbled plan will be presented to the troika tomorrow, but it is a fluid situation. things are moving literally by the minute here, but we understand the president does have another meeting in the morning and that he may actually say someth
'm a shareholder in the company. so i want you to know that. but clean energy fuels and they have done a tremendous job. ey will have i conjunction with pilot flying j, who are the biggt truck stop operators in the united states, they will have 150 stations on the interstate by the end of this year. so, it's happening and the chinese are seeing opportunity so they're going to try to move in on it. melissa: it is definitely happening. i look at like nearly half of all the garbage troubles operate here in the u.s. run on natural gas. we areeeing a lot of fleets transferred over because of carbon emissions. especially because of the fracking boom, we are seeing so much natural gas out there. let me ask you, are you making money on this so far? i mean has it reached critical mass to the point where it is returning profits to you? >> you aren't at the level where you're making a lot of money, but for instance, clean energy fuels, they have plowed everything back into the infrastructure. so, yes, if they stopped building, they would immediately start making money but, otherwise they are putting it back i
of energy conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. nee right now, we not only have a jobs problem. ne
nuclear energy and how safe it is. that brings me to the question of the week. what percentage of electricity consumption in the united states comes from nuclear energy? is it, "a," 1%. "b" 5%, "c" 14% or "d" 19%? stay tuned, we'll tell you the correct answer. go to cnn.com/fareed for more of the gps challenge and lots of insight and analysis. also, follow us on twitter and facebook. >>> also, remember, if you miss a show, go to itunes.com/fareed. this book of the week "double entry." by jane gleason white. i never thought a book about accounting could be fascinating, but this one is. it explains how the invention of finance led to the beginnings of modern capitalism, trade, renaissance and the global economy. all because of double entry bookkeeping. read the book and you'll be convinced. >>> american media spills a lot of ipg on polls that tell us which nations hate america. which ones tolerate america and which ones really like us. but much less is known about how americans feel about our brothers and sisters abroad when we even deign to think about them. gallup has a new pol
. in addition, energy continues to look attractive. so, again, a very pro-cyclical stance, but one we think is very appealing from a value situation standpoint. >> okay. and in terms of sectors leading growth, same question to you both. what do you think? >> we're going to add on to that list. things like the regional financials the that have exposure to the reshoring of manufacturing and the energy sector. i think energy drives a lot of interesting peripheral activity. strengthen the rails and other transports, we think will also be beneficiaries here, as well as infrastructure play as well as mlps. >> do you agree with that? >> i like health care, but i also like consumer, and even though the consumer doesn't have as much confidence as they had before, i think in terms of upside versus downside, that's a place that i'm looking. and when you have a company like footlocker that's trading at 5.5 times ebitda, how much lower can it really go? big lots, same thing. there are a lot of these names that have been beaten up that don't have a lot of downside risk, that have a lot of upside potentia
on immigration and energy, deals with gun control however it gets dealt with and thin waits to do a grand bargain deal after the mid terms on the hope that his party has success in the mid terms and he can strike a deal on better economy and more favorable terms in congress. >>ose: i thought that's exactly wh i sa. will not make a decision now and will have a hard bargain. the only thing we seem to differ is whether the republicans will be blamed. >> i didn't mean to say i disagree with you except to say it's not giving up on the next year and-a-half because you do, immigration and energy. the president's got his eye on his big promises and immigration and energy are two of the big promises. if he can move along on fiscal stuff, get a sense of where the bargain lies on tax reform, corporate and iividual, gets a sensof h omacare is working and what an overhaul of obamacare would mean. he can move those things along. get immigration and energy out of the way. there's only so much bandwidth at any given time. get those out of the way so they are not dealt with and get the fiscal stuff after. >> ros
've got one we really need. >> absolutely. >> does the american action forum say anything on energy policy? we've had somebody on our program yesterday use today run shell oil. he says, look, if we get out there and get the energy that is ours, underneath our territory, you could set off a boom. he mentioned 7% growth. >> yes. >> to the american action forum say anything about that? >> we certainly look at the huge amount of regulations that have piled up on top of the energy industry the past couple of years and i think if you can alleviate a lot of that regulatory burden and let the private sector in energy grow and thrive, let us become more energy independent you're certainly going to see growth. >> the big problem is, i agree with your entire philosophy, but it lost the last election, or did it? i mean, what lost the last election? that's a good question. i hope you can come back and see us, appreciate you being here. >> thank you very much. stuart: let's see it's now 9:47, almost 48. the gold report we're above $1,600 per ounce, down just a fraction today. how about this? minimum wag
in "the journal" talked about natural gas being low and the energy boom is keeping a lid on inflation which make the dollar stronger for good reasons, not bad. i guess i'm saying i still like the backdrop of the economy more than most and was gratified proctor cooled yesterday, k kimberley cooled. >> there is the sentiment, some anxiety things have been quiet, almost tranquil in a way. >> it's a western? the man who shot liberty prokt sfer. >> invariably something always comes. i don't know whether it will be. geopolitical as we worry or wonder or watch things in iran or north korea. i know. i'm just -- >> 1996. it was pretty darn good for a while. wasn't until the asian contagion, nine months later. >> then we got long term capital, then the fed lowered rates by 50 basis rates. off to the races like never before, ever. that being said, this is 20 13. not 1996. >> we're doing stress testing on banks like we weren't doing back then. we'll get more results tonight. >> we don't have the internet just beginning to blossom. >> no, but we do have situations where -- i'm reading about the el
the facts take energy, with our new drilling technology, america will soon have managing surplus. .- energy surplus this is trillions of dollars in new wealth for americans. trillions of dollars. a foreign-policy not overly influenced by oil. how about food? america will be the saudi arabia of grain in a century when the world is clamoring for more food. just as crude oil determines the wealth and power of nations in the latter part of the last century, we will do so in the -- this century. wireless can -- rapid advances are transformed at a breathtaking pace. wereacturing jobs that shipped to china a decade ago are now returning to america. this time, the work is being performed by our robots. the good news is, there are robots built in america by american workers. by low energy cost, they create a new wave of energy manufacturing in this country. classes of diseases are on the verge of being eradicated by manipulating individual molecules on the surfaces of living sales. -- living cells. never getting lost, never having accidents, already a prototype car has driven more than 3000 miles in
are surrounded by young people it gives you new perspectives and insights and energies. >> i think -- i've had quite a few minority clerks into law actually, and the has been a change over at the time in that and there has been an improvement in the sense that i haven't had to look as hard, and you know, you have had to do a lot of encouragement. you had to do a little effort 15 years ago to go bald and say where and hal and then say i am not going to bite you, you know, please and so forth. i would say the extent to which requires the effort is an improved, but it still does require something of an effort. and so the more that -- less than it did but i think consciousness is important. so i think it can encourage people that's right. and at these different levels you will see, you know, you are not giving anybody a favor. he will see that its -- the effort pays off and it is worthwhile. >> i have one last question, mr. chairman and that is the issue that we discussed before in the supreme court. we know that right now it applies to other judges and for the court applies as an advisory situati
and telecom were the top performing sectors while energy and consumer discretionary leg. gold settled higher for the fourth day in a row closing of the highest level so far this month rising .4% to end a. housing starts climbed last month as they are beating rising demand. new construction rose .8% from a month ago to an annualized rate of 917,000. lauren: we have larry in the pits of the cme and our market panel with managing partner there, and the founder and president, let's start with larry at the cme, this is a headline driven market, some people are saying cyprus with a teacup. and the meeting tomorrow, how do you put this all together? the market was obviously confused. larry: this is the bottom line, a ton of chatter, very little real news right now. the market had been in a stalemate for quite a while. some macro headlines coming through europe the last couple of weeks. we had italy and the unknowns there. i think the issue is much bigger than that. david: we have adobe earnings after hours, what are the numbers? >> it is a beat. $0.35 on revenue of $1.01 billion, expecting 986.04 m
in the energy industry are searching for ways to slash our use of fossil fuels. some of them are excited about so called green plastics. most plastics are made from petroleum. some have come up with ways to make them from plants. >> reporter: the thai government has been organizing this international export since 2006. it's to promote the plastics industry. this plastic items are made from substances found in plants. they are attracting interest throughout asia. >> here in bangkok it's all about brim plastic. a lot of foreigners come to thailand also to attend conference. >> they product. for thailand it can be more expense for this production. >> reporter: thailand will develop biplastics industry. it already has many companies that make ordinary plastics. farmers in thailand grow large amounts of sugar cane. thai government officials have looked at these factors and developed a road map for industry. >> every year we have 28 million allow them. it can be used as bio plastic. thailand has great potential to be the center bioplastic company in this region. >> reporter: the strategy has attract
get fallthrough after that is going to be very interesting. are >> it's interesting that the energy stocks are really leading this rally. >> it's been financials and energy that have been leaders for this market in the last couple of years. you've got the bank stress test recommendations for capital expenditures and for dividends coming up in half an hour. >> they put their plans forward. they want to buy back stock, some want to increase dividends, the fed will give the okay or not. we're going to learn that in 30 minutes. and we've got jack lew, the new treasury secretary coming on the air. i'll jump for the next hour. i'll see you tomorrow. >> very good. see you tomorrow. >> thanks, everybody. >> a 70-point gain. what do you imagine a decline looks like when you've had ten consecutive days of gains for this market? we keep -- we hit eight consecutive all-time highs and the laws of gravity have to kick in at some point. >> unfortunately or fortunately, people have been expecting that pullback for almost three weeks or so, give or take. when it comes, does that mean it will be bigg
are bound together with a single purpose we must put all energy behind these efforts. we can bring about the change we have been seeking for decades. when conservatives are united, our ideas win the. conservative ideas win because conservative ideas work. stand with us, stan with house republicans, with us, let's fight for a better future for kids. let us not take no for an answer. thank you all very, very much. take you. thank you all very much. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> two years ago the president told a lie about the supreme court decision called citizens united. the case struck a huge blow -- a huge blow. the president of citizens united is up next. he has proposed document dearies since 2004. please welcome david bossey. >> good afternoon. i'm president of citizens united. it has been a big year, as we celebrate our 25th anniversary. it is great to be back here as we come together for our 40th time. run for theted is last many years. we're doing it again this year. where we get a chance to show
the latest moves in energy. >> there say lot of momentum here in the energy market and we're looking at brent crude prices that have risen from a three-month low and it looks like the gains that we're seeing in the oil market are mirroring what they're seeing in terms of the rebound in the euro and what we're seeing in the equity markets as well. the cyprus fears seemed to ease quite a bit. we'll continue to watch what will happen in the u.s. supply front when we do get the eia report on inventories out at 10:30 eastern time and we're also watching what's happening in the gold market because that will be susceptible to whatever move the fed will make and many traders anticipating to keep doing what they're doing and gold holding steady here and still above the 1600 level. the key, of course, will be breaking above the 1610 for the settlement and they keep saying that is what is needed to give the bulls the momentum to take gold prices much higher. back to you! sharon epperson for us. a technology company is making its wall street debut today. we're waiting for model n to begin trading and aft
and the june contract is the front month. that takes a little bit of focus, energy away. we also have options expiration, and the battle at the nasdaq around the 28 even level. but also multiple intraday divergence. perfect example, yesterday as the s&ps trading down lower. breath was unwilling to get into new low levels. that difference between advancers and decliners of the new york stock exchange. again, divergent type activity, low energy, very low volatility, but we're seeing a lot of conviction to the upside. >> yep, we certainly are, we see how it all unfolds today. we'll talk to you again soon. >>> still to come on "squawk" this morning, smartphone wars. samsung, apple, blackberry, who will be the ultimate winner? there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. i work for 47 diffe
. economists recognize the distortion of energy markets that overlook the true cost of carbon pollution, and government accountants now list climate change as a threat to our fiscal stability. now, today, as we enter the passover and easter season and as catholics the world over celebrate the selection of a new pope, we turn to voices of faith. they, too, call upon us. they call upon us to heed the moral imperatives of protecting creation and seeking justice for all people. they call upon us to reflect on our faith, on our relationship to our world and each other and on our responsibility to future generations. and they call upon us as president obama reminded us in his inaugural address to preserve our planet commanded to our care by god. i lay no claim to religious authority, but i must believe this -- something that harms others, something that disturbs god's creation, something that stands on lies and greed, protecting that must not be consistent with god's will. in his 2010 world day of peace message entitled "if you want to cultivate peace, protect creation," pope benedict xvi cal
energies. >> i have had quite a few in the question is has there been a change over the time and not? i have time to look far do a lot of encouragement. a little after 15 years ago. to say where and who in and say i'm not going to bite you. and please and so forth. i see the extent to which requires an effort is improved last. but it still does require something of an effort. less than it did, but consciousnesses import. so i think it could encourage people at these levels then you'll see you're not doing anybody a favor. the effort pays off. it's worthwhile. >> that's the issue we discussed about applying the quote. we know right now it applies as an advisory situation. the different in the past change on that whole issue of applying the judicial comment? >> i've never had a problem with it because in my own professional career, i'm absolutely confident in the career in the manner in which we consider those absolute binding. they can and be made by members of the relevant judicial committee urges district judges. we think it's potentially difficult for circuit judges to make rules that
when banks reopen on thursday. a russian energy company is looking to cash in on the gas problem is offering to bail out cyprus in exchange for the rights to explore for natural gas there. >> a stunning new report on mammograms this morning. researchers saying 60% of abnormal mammograms turn out not to be cancer and false positives can lead to unnecessary biopsies or even surgery. this is taking a serious mental toll on some patients. women who received a false positive report anxiety and depression three years after learning they're cancer-free. >>> don't even look at this. one week after mayor bloomberg lost his fight to ban big sodas, now he wants to ban the display of all tobacco products in stores. business owners would have to keep cigarettes under the counter or behind a curtain. this would make new york city the only city in this nation to do so. >> those are your headlines. >>steve: keep them in a brown paper wrapper. now we've got a story for you about a real political hacker. he's referred to -- or she is referred to as goose-ifer and has hacked into the friends accoun
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